Elliott Wave Technical Analysis: Dogecoin Crypto Price News – Friday, Nov. 22
Elliott Wave Analysis TradingLounge Daily ChartDogecoin/ U.S. dollar(DOGEUSD)DOGEUSD Elliott Wave Technical Analysis Function: Counter trendMode: CorrectiveStructure: ZigzagPosition: Wave ((C))Direction Next higher Degrees: wave ((C)) of ZigzagWave Cancel invalid Level:Details: wave 2 is likely to end and price is rising again in wave 3.Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy:The correction in wave II seems to be over so we focus […]
When Fishing Or Investing, Patience Is Key
Image Source: Pixabay What characteristic does an angler need more than any other? If you said patience, you would be right. When it comes to fishing, it’s important to choose your location carefully, get prepared and then…..wait. Sometimes for quite a while.We’ve all seen the iconic image of a lonely fisherman sitting in his dinghy in […]
As Germany Faces A Potential February 2025 Election What Can That Mean For The Euro?
Image Source: Pixabay German Chancellor Olaf Scholz’s coalition fractured after firing Finance Minister Christian Lindner, sparking an agreement for early German elections now set for February 23. Scholz will face a confidence vote on December 16, leading to the election if he loses. The opposition’s conservative CDU/CSU, led by Friedrich Merz, is currently polling ahead, while […]
Stocks Rally Despite A Stronger Dollar And Rising Inflation Expectations
Stocks finished the day mostly higher, with the S&P 500 advancing by roughly 0.50% and the Nasdaq 100 up about 0.25%.There was an unusual rotation within the S&P 500, with 436 stocks ending higher and just 66 lower. It’s peculiar to see such rotations and have the index increase by only 0.50%. This suggests that something […]
Stocks And Precious Metals Charts – A Ranging Weakness
It was groundhog day on the equity markets, as stocks showed a ranging weakness, and then gathered themselves to drift higher into the close, although they gave back a bit at the end.This was an organized effort to pump stocks higher, a sort of low key short squeeze. It’s what they do.Wash and rinse.The Dollar strengthened.Gold […]
Nvidia Grabs Headlines But Market Reaction Has Work To Do
The first step on the move back to highs for indices started today, but it’s going to take a concerted effort by bulls to get there. The concern is that we are looking at a zig-zag move lower, and that today’s gain will fade out by the weekend. But the bounce off support has begun.The […]
Asia Open: A Show Of Resilience Amid The Looming Shadow Of President-Elect Trump?
Image Source: Pixabay US MARKETSAfter a rollercoaster Thursday, the S&P 500 finally found its footing and ended on a high note, spurred by a cocktail of robust economic signals and stellar corporate earnings. The spotlight shone brightly on profit margins, setting the tone for a parade of companies announcing unexpectedly lush reports. This positive corporate news, […]
BWX Technologies Stock Analysis
Image Source: Pixabay 1. BWX Technologies Stock Analysis Overview BWX Technologies, Inc. (BWXT) is a prominent U.S.-based company specialising in nuclear components and services for government and commercial applications.With a history dating back to 1867, BWXT has established itself as a reliable partner in the nuclear industry. The company operates two primary segments: Government Operations: This segment […]
The Fed’s Failures, Trump’s Win, And Recession In 2025
↵Image Source: Pexels Steve Hanke, Professor of Applied Economics at Johns Hopkins University, joins James Connor to reveal the economic and political fallout of the Fed’s monetary missteps. From post-COVID inflation and rising wealth inequality to the 2024 election, Hanke unpacks how these policies reshaped the U.S. economy and secured Trump’s victory. He predicts a 2025 […]
The Perversion Of Money Is The Great Existential Risk Investors Now Face
Image Source: Pexels The markets are locked in a battle of dangerous extremes vs high complacency.Yes, there are many reasons to be concerned about today’s record high valuations.But those concerns haven’t mattered yet.And there’s no guarantee they will on any relevant time frame to today’s investors.And so the party in stocks continues on…for now.In today’s interview, […]
